Stock To Watch: Matson, Inc. (NYSE:MATX)


The leading market experts have placed a mean price target of $47.25 on Matson, Inc. (NYSE:MATX) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.54 a share for the upcoming quarter and $2.02 for the current fiscal.

Technical View

The technical analysis of Matson, Inc. Common Stock plainly substantiates that the 50-day moving average of Matson, Inc. Common Stock is $35.13, and stock is trading $1.87 points away or +5.31% from its 50-day moving average of $35.13. Further it is trading $0.66 or +1.81% away its 200-day moving average of $36.34. Matson, Inc. (NYSE:MATX) 52-week high is $53.18 and the 52-week low is $30.54.

This explains if the stock moves $-16.18, it will post a 52-week high. In event of +21.15% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Matson, Inc. Common Stock, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Matson, Inc. (NYSE:MATX) ratio came in at 15.53.

The stock last ended the trading session at $37.00 and registered a market cap of $1.59B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Matson, Inc. (NYSE:MATX) PEG ratio is at 3.70.

1 Chart Pattern Every Investor Should Know

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